First Trust High Yield Opportunities 2027 Term Fund (FTHY) — Financial Flexibility Index
First Trust High Yield Opportunities 2027 Term Fund (FTHY) has a Financial Flexibility Index of 0.16x as of May 2025. Free cash flow of $30.21 Million (operating CF $30.21 Million minus capex $0.00) represents 0% of total liabilities ($186.79 Million). Check First Trust High Yield Opportunities 202 cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
First Trust High Yield Opportunities 2027 Term Fund Financial Flexibility Index (2021–2025)
Historical Financial Flexibility Index trend for First Trust High Yield Opportunities 2027 Term Fund across 5 annual periods. For the full cash flow conversion analysis, see FTHY cash generation efficiency.
Annual Financial Flexibility Index for First Trust High Yield Opportunities 2027 Term Fund (2021–2025)
Year-by-year free cash flow to debt coverage for First Trust High Yield Opportunities 2027 Term Fund. Explore First Trust High Yield Opportunities 202 (FTHY) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.16x | $30.21 Million | $30.21 Million | $186.79 Million | ▼ -54.1% |
| 2024 | 0.35x | $49.38 Million | $49.38 Million | $140.12 Million | ▼ -77.7% |
| 2023 | 1.58x | $211.81 Million | $211.81 Million | $133.93 Million | ▲ +388.2% |
| 2022 | 0.32x | $91.35 Million | $91.35 Million | $282.00 Million | ▲ +110.7% |
| 2021 | -3.03x | $-1.00 Billion | $-1.00 Billion | $330.77 Million | — |